Wednesday, July 20, 2011
According to The Undereducated American, a report from the Georgetown University Center on Education and the Workforce:
- The United States has been under-producing college-educated workers for decades. From 1915 to 1980, supply grew in tandem with demand. But, starting in 1990, the share of college-educated young people in the workforce rose very slowly.
- The under-supply of post-secondary-educated workers has led to both inefficiency and inequity
- The nation must add 20 million post-secondary-educated workers by 2025 to increase productivity and reverse income inequality, or run the risk of becoming the global leader in income inequality.